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New3 hours ago

412 - 119 Merton Street

Mount Pleasant West, Toronto

$599,900

Condo Apartment |
1 | 2 | 1 | 1
About this home

Attention first time home buyers! Welcome to The Metro Lofts! This light-filled, two-storey loft offers 720 sq ft of smart, functional living space in a highly sought-after midtown community. The main floor features a modern kitchen with stainless steel appliances and a breakfast bar, opening onto a bright living area with sunny southwest exposure and treetop views. Step outside onto your own private balcony - the perfect spot for morning coffee. A main-floor powder room keeps the upstairs entirely separate from guests. Upstairs, the bedroom retreat features its own private full ensuite bath. Two bathrooms - including the main-floor powder room - is a rare find in a one bedroom loft, and ideal for anyone who values privacy or hosts overnight guests. Unbeatable location just steps to the Kay Gardner Beltline,ravine trails, and the TTC, with an easy walk to both Davisville and Yonge & St. Clair shops and dining.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleLoft
Approx. Age16-30
Size700-799 sq. ft.
Maintenance Fees$707
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,015
mls© NumberC13707540
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,071
Property tax
$251
Heat allowance
$150
Condo fees, half counted
$354
Housing costs
$3,825 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $119,980
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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